An internal report on the state of Daybreak Farms revealed that in the two years it was led by a board connected to senior PIC officials, the company lost more than R300m in profits.
From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.
For just R80 you can become a premium member and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Africa’s new property landscape – from micro apartments to ‘lifestyle farms’South Africa's new property landscape - from micro apartments to 'lifestyle farms'
Read more »
EDITORIAL: PIC’s rebuke of CEO a welcome signBoard’s warning to Sithole over Ayo settlement demonstrates a willingness to carry the torch for corporate governance
Read more »
Frankfort switches off solar panels after Eskom blocks them from cutting load-sheddingThe independent power producer supplying Frankfort and the surrounding area in Mafube municipality with electricity from solar farms says it had to start switching off some of its panels after a recent court ruling.
Read more »
UAE president's Eastern Cape landing and visit above board, says minister | News24The SA government say there is nothing suspicious about the controversial landing of UAE president and ruler of Abu Dhabi, Sheikh Mohamed bin Zayed al Nahyan, and his entourage at the Bulembu Airport in the Eastern Cape last week. | MaliDayimani
Read more »
Cabinet appoints new Lotteries Commission board - SABC NewsCabinet has appointed a new board to the National Lotteries Commission. The new board replaces the four-member board appointed by Trade, Industry and Competition Minister Ebrahim Patel in March last year.
Read more »
UAE President's Visit to South Africa Above Board - GovtThere is nothing untoward about United Arab Emirates (UAE) President and Ruler of Abu Dhabi His Highness, Sheikh Mohammed bin Zayed al Nahyan and his entourage's visit to South Africa. On Wednesday, April19, 2023 the landing of the UAE raised concerns, taking place at a decommissioned Bulembu military airbase in Bisho in the Eastern Cape, which was renovated with funds donated by the UAE president. At a media briefing, the Minister in the Presidency, Khumbudzo Ntshavheni has said that nothing improper unfolded in the Eastern Cape's preparations for the private visit by UAE President and Ruler of Abu Dhabi His Highness, Sheikh Mohammed bin Zayed al Nahyan and his entourage. "We are here today to share with the nation that this visit has been made possible with the diligence and integrity required of government as we interact with people from all walks of life, including persons of the standing of the UAE president," the minister said. South Africa was dealt a hefty blow by the UAE recently, with the middle eastern country refusing to extradict the Gupta brothers - Atul and Rajesh - who fled to Dubai after they were implicated by the Zondo Commission of among others, the irregular awarding of tenders, influencing various political appointments and of the capture of the South African Revenue Service. The Guptas drew the attention of South Africa 10 years ago when they landed their private plane at the Waterkloof airforce base in Pretoria, to attend a family wedding.
Read more »